About your Search

20130129
20130206
STATION
FBC 29
CNBC 21
MSNBC 16
MSNBCW 16
FOXNEWS 11
CNN 9
CNNW 9
WUSA (CBS) 1
LANGUAGE
English 123
Search Results 0 to 49 of about 123 (some duplicates have been removed)
your small business. sign up for your free trial today at constantcontact.com/try. >> the economy is shrinking and the economy is playing the blame game. charles: welcome, everyone, i am charles payne in for neil cavuto. the administration is saying that it was hurricane sandy and defense spending cuts and uncertainty about marcotte. one more quarter and we are in a double dip recession with us tonight is xander -- sandra smith. >> that's right, they are trying to use this report. uncertainty when it comes to tax dollars in borrowing more money. charles: the mass media, i saw a report in new york. six reasons this wasn't a bad record. did you see that? >> the media was trying to spin this in every way that they could. they were trying to make it look like a god for them. what we need to do is say that as a lack of economic growth policy. where is the job growth policies? right now we have consumer confidence levels that we just got this week. they are plummeting because people are seeing their paychecks shrink as a result of the expirations of payroll tax cuts. people have less mo
are building them to last. siemens, answers. >> theu.s.economyinthefourthquarte of. the u.s. economy in the fourth quarter of last year october, november, december contracted by 0. 1%. one-tenth of 1%. it was the first contraction in three years and it rattles financial markets. much of the slippage in gross domestic product, was due to what the u.s. federal reserves describes as quote weather related disruptions and other transitory facts unquote. the central bank is keeping monetary policy on hold. and says n worth of long-term securities a month, until there is a substantial improvement in the outlook for the labor market. also, the cut back in department of defense outlays, is likely to fuel concerns about the size of a slow down and the full economic fallout of the large quote unquote sequester cuts scheduled for a month from now, the start of march. the president's press secretary said this about the sequester. quote, across-the-board cuts to education, to research and development, would have repeat, would have, damaging effects on our economy and our long-term economic prospec
? the private economy did well up 3.4%. it was the government economy that fell. i would like to see us finishing the spending cuts of the government. shrink the government more. grow the private economy by 5%. that is my vision. now there is more bad news for new jersey senator bob menendez as the fbi raids the offices of one of his close financial backers. will it present key evidence in the alleged prostitution scandal surrounding the senator. it's all unconfirmed but the potential legal fallout is huge. >>> israel takes no chances. the air force launches two air strikes in syria preventing the assad regime from transporting chemicals and weapons of mass destruction to hezbollah. if the red line is crossed israel will attack again. we cover it all. "the kudlow report" begins now. first up we learned today the fourth quarter gdp fell slightly, much to everybody's surprise. so the white house is blaming republicans for the fiscal tax cliff and the spending sequester which i think is hilarious. they invented the sequester. we have had tax, spend and regulate policies for four years. why
that to you shortly. now, the latest news about our economy and it is so grim. shrinking in the fourth quarter. biggest dip in three years. instead of jumping into high gear to figure out what to do to reverse the economic bad news, top democrats use their time to play the blame game. they say it's all the republicans' fault. >> the economy shrunk. last three months our economy shrunk. >> new report suggests that the economy still has not really fully recovered from the financial crisis four years ago. >> now the democrats, this is the best looking contraction it has ever been in this country. >> it's beyond the flirtation with default to see republican leaders say, i got sequester in my back pocket -- this is not a game. >> you remember what the administration's growth forecast were for the next three to four years. it was anywhere between 3-4 1/2%. >> have you heard poor men spending themselves into prosperity. it's dumb. >> there is more work to do in our economy and facing a major headwinds. that is republicans in congress. >> if there were republican in white house we would never come out
economy, keep jobs at home, how can you be sure you do the right thing. to sort through it all is todd marks. todd, great to have you on the show. thank you so much for being with us. >> oh, my pleasure, gerri. gerri: how do you know? they label these things every which way. how do you know which products are made in america? >> well, they are very serious and very complex, arcane rules governing what it means to be made in america. there's claims called qualified, made in the usa, no ambiguity. there's qualified claims, made in the u.s. of parts made in china. they are created here. gerri: hey, todd, like apple, created in california, asemilled in china. >> that confusion prompts people to scratch their head. we get letters all the time. how can it be? the laws are clear, but they are not. well, they may state that, you know, when they create laws about what it mean to be made in america, it says, in order to say it's unqualified made in america, there can be no ambiguity, and you don't want to mislead a reasonable person. you can't plant that idea. the companies do it with symbols, s
different views on what helps the economy. russia wants more babies, and china has a one baby policy. different views on how to grow. i'm with russia. they are crazy, but with them. melissa: airport related, wonder what they think of next. a belt that lets you zip through security. it was created by a designer who knows the importance of moving at a speedy pace. you can save five seconds at the airport. wow. what do you think? >> i just -- anything to go through security quicker, but i do want just booties for my feet. when i take the shoes off, that's what they should invent, booties you just fly through security. >> that's what loafers are. >> you have to take them off. i understand that. but shoes with laces in them are a dying breed. have to hate those rules. melissa: we solved a lot of problems. >> we did, sex and shoes. melissa: thank you very much. that's all the "money" we have for now today. we'll see you here tomorrow. the "will las report" is next. gerri: hi, everybody, i'm gerri willis. president obama disbands the jobs council, why it failed, and why nothing it taking it
are off 80, pushing us. let's go back to the economy. president obama and harry reid wants to tax the rich more. more revenue, they say. that means higher taxes. saying his policies will cause the economy to grow. this year. joining us from nashville. art laffer. what you say, if we raise taxes more this year, are we going to grow the economy stronger? >> we can do something, if we broaden the tax base dramatically and lower rates, we can really get the economy growing, but i don't think that is what he is talking about. he is just talking about rubbing the base. stuart: you take money away from a certain group of people and spread it around to the others. >> i don't think we need more taxes, stuart. and by the way, the point harry reid makes, which is correct as far as the senate goes, they were elected to the senate and obama was reelected, but so was the house numbers. the house numbers were elected on their policies as well, 235 republicans, they were not elected to increase spending and push higher tax rates is and they control the house. so using this political argument is a fault, i
, there is no such thing as recovery in sight, we have no economy policy, we have no energy policy, fuel is back up. i mean, people wonder why consumer confidence and confidence from the business owners is down? and the president pulls a you know deal like this, come on. this guy campaigned on jobs and the economy, he gave an inaugural speech on what? immigration, constructing royds and more liberal rhetoric, you know what, this is a step to socialist ladder forget rid of small business then we can control the big guys, i am frustrated and angry. tom: i hear it. marco, you have seep the president, i get up in the morning i think about jobs, i go on bet at night i think about jobs, do you think he has forgotten? >> i don't think he nearly forgotten about it, i think he doesn't know how to create jobs. it is the smalln 'n small busins that create them, if you have not run a business how in the world do you know how to create jobs this is why the count was important and should have been important. >> thank you very much. push to help illegals is on, but nobody is talking about how the cost will add up, we he
market. the first half is going to face some pretty big headwinds from the economy, so i'm cautious about the next few months here. >> cautious about the next few months, so does that translate into taking money out of stocks? is this rally that we've been seeing, even though we saw fractionial losses today, is it justified given these expectations that you think the economy turns downward? >> i think if you look just at the earnings picture and ignore what's going on in washington, the markets should be up even more. i mean, there's plenty of room for stocks to rally, and i do think once we get past this miss call austerity the rally will resume. we have to keep in mind that the market up until now has not seen really weak data, and it's about see some very soft consumption numbers. have you a $200 billion tax increase this year and a $110 billion sequester. these are not small fiscal tight things. it means that first and second quarter are going to be very weak. it's no longer going to be talking about the risks of the fiscal cliff. we're actually getting about half of the fiscal cliff,
the afternoon. i'm shepard smith. >> neil: economy is suffering, is this time to be hiking. i'm eric bombing and the economy isn't just slowing it's shrinking. it dropped by tenth of percent. it's the first time that happened in three and a half years. all this as democrats are pushing for more tax hikes. former reagan advisor art laffer says that is the last thing we need. first thing in three and a half years we will an actual contraction in the economy and brought it to 2.1%. we spent $5.8 trillion and this is what we get for it. >> it's just dumb on the outside. government spending is milton friedman is taxation. government doesn't create resources, it redistributes resources and this government spending is why we had the recession. obama continued the bad job for four straight jobs and this is the result. >> eric: but they would say isn't for government spending we would have no growth? >> government spending it's not in spite of government spending it's because of the government spending. we think of it, you got two guys in the world, "a" and "b". if "b" gets unemployment benefits who
the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood
. >> bill: the o'reilly factor is on. tonight: the economy is still in neutral gear. >> amazing job though convincing people that things are rosy. >> bill: bad news for the u.s. economy. it is going down again. even as president obama's poll numbers are going up are we the people completely clueless? we have a special report. you al gore are doing business with this country that's enabling your ultimate foe climate change. >> i think i understand what you are getting at. [ laughter ] >> bill: even david letterman is pounding al goren othe hypocrisy of making money from big oil. we will show you how gore is being treated by the left-wing media. >> isn't there a contradiction in that? also tonight dennis miller on the most popular tv personalities in america and my interview with collin powell last night. caution, you are about to enter the no spin zone. the factor begins right now. >> bill: hi, i'm bill o'reilly. thanks for watching us tonight. bad economic news but it doesn't seem to matter to the folks. that is the sung of this evening's talking points memo. last quarter, the economy fell
of an economy. rich: if any of the amendments pass, the bill then heads back to the house. the senate will very likely said this bill to the president's desk this evening. the sequester beginning in march in a large portion of government authority running out march 7. if they fail to reach a spending puma we will have another government shutdown. back to you. connell: let's bring in band manager. -- let's bring in dan and. the president is a bully. is that what that means? >> clearly, john boehner is now understanding that what is going on is he is in the thunder dome. rather than in a good-faith negotiation with the president. i am so glad, dagen, in your introduction $450 at least twice. $450 billion is incomprehensible. the democrats are arguing that the to spend this money because they feel that with the economy weak public spending will lift the economy. every dime spent will raise the economy a dollar $0.50. the republicans are arguing that rather than say spend -- let's talk about this the questionnaire. rather than spend that $69 billion, let's take it and put that 69 billion back in th
. >> what's the difference? i don't think it's necessarily a reflection of an economy that's also gaining momentum. i think that the economy is more moving sideways at this point than anything. there are other underlying reasons for the equity market to perform as well as it has and part that have is, of course, central bank policy, but, you know, i know it makes for a neat little discussion, but ultimately i'm more concerned about the economics of this, and the economics of this is we're moving sideways, not gaining much momentum at this point. >> that's what we're seeing, a choppy situation when it comes to the actual fundamentals and it's really about the federal reserve and why so much money is moving into the market. the question is do you think it's sustainable, given the fact that so far fundamentals have not mattered. what does 2013 lock like? >> i heard some equity strategists say s&p 1,700, an while fundamentally i'd love to toss that person out the window, practically speaking i think why not? why can't you get there, because at the end of the day, we're not being driven by fun
. >> tomorrow's jobs report, more ominous signs for the economy and now, pink slips for the president's jobs council. >> welcome everyone, i'm in for neil neil cavuto. and one day after learning the economy is shrinking, news that the job marketes -- democrats say it's because federal spending is drying up. to craig smith who says that argument is all wet. craig? >> you know what? i think i'm going to agree with the democrats. federal spending is drying up. it was down and look what happened. well, thankfully, federal spending is stopping, because look at everything that they've been doing, eric? up in of it has been working, and when you start to think this whole thing through, they're going to blame it on bush or the republicans and they're going to say, this was all part of theses quickster done the sequestration deal, and everybody stopped spending but you know the seed0s the last quarter's gdp were sow n in the summer of 2012 when president obama put politics ahead of our national security or any economic growth. its its ridiculous. >> that's the most important word, growth. when the ec
. china is back and we're seeing the managed triumph of an economy. is that your take? >> pretty clear to me. through wrought the whole concerns about china, which, of course, went on and off all the way through until the late autumn, i was very skeptical about that and i thought we were managing things pretty well. so i was and i remain very relaxed and we'll get the next sets of chinese data in the next week or so. and i'm pretty sure it will show further evidence of china bouncing a bit. .more importantly, that china is slowly adjusting to an economy not so dependent on exports or government investment. and that's what they need and that's what we all want from them. and that is pretty important. >> jim, is it your thought that people should at this point just kind of hold off and pull back and wait and see what happens over the next several months instead of sell in may and go away, is this sell in february and go away? >>. i prefer the sell in may and go away. it has a remarkable rhythm to it. and the fact that a couple of other things successfully passed in january, it's the firs
, minus one, plus one. all that is a power point. our economy is sluggish today, and there's no reason for it. we have a wonderful country. we have great resources, we still have a free world, the opportunity to move forward. here's my message to the leadership in washington, get in the game. >> thank you. >> join us on monday. have a great weekend. "squawk on the street" starts right now. >>> we have breaking news on this jobs friday. welcome to "squawk on the street." i'm melissa lee, with carl quintanilla and david faber. we're closing in on 14,000. a leg higher in futures just moments ago. the dow looking at 112 points at the open. the s&p 500 looking at about 11 at the open. of course, this is after the best month for january, since january of 1987. as for the picture over in europe, taking the lead from here in the united states in terms of gains, we do see the cap up by 1.3%, and the dax in germany up .6 of 1%. in asia, the real star is the nikkei, embarking on 12-week winning streak with the yen weakening down to 92 versus the u.s. dollar. of course, the road map here starts wi
a handle on the economy. let's run through a couple examples. on wednesday reports emerged that the economy contracted for the first time this three he years. yesterday applications for jobless benefits jobbed by more than 38,000 in a week, topping out at 368,000. this news coincidentally came the same day team obama announced it is disbanding the jobs council and then the icing on the cake the unemployment rate back up to 7.9% and the number could easily be over 10% if the labor department didn't play with the number yous to suit the left wing. leslie is also a fox news contributor. hugh i will start with you. tough week for obama-nomics. what do you expect when you only spent 5.8 trillion bucks. >> may go down as the worst reek the recognition we are going into an obama recession and the president has turned his back on the nation's unemployed. the number going up to 7.9%. every where you you turn every arm of the obama administration is launching a war on jobs. every agency. the consequences are this are just beginning to show up and he is indifferent to this and going to shock a lot of
in washington are giving us what is good for the economy and that is a on a diet while the private sector continues to grow and when you compare us to the last expansion there were 150,000 private sector jobs added herman in the last expansion and in this expansion there are 200,000. believe it or not washington may be helping us. dagen: if times are so great, why is the ten year treasury below 2% on a yield? why hasn't the bond bear market showed up yet? which you were calling for last march? >> you are right. i got to tell you it has probably more to do with the craziness of central bankers than anything else? i was just in davos last weekend we spent a lot of time talking about the monetary policy, what is going on, how unorthodox this all is. the thing that i said to mark carney of the head of the bank of england was waived lb into uncharted waters and acknowledging we don't know how to get home we decided to sell deeper into uncharted waters. we are setting ourselves up for major problems. the fact that the fed continues to keep interest rates this low especially when i can point to
at the same time. >> how can they get ahead when they do not have the economy and the jobs and the opportunities. >> it is utterly wrong. >> i think this is her rent this. >> it is an honor for me to help out my mother. >> everyone just piles into one house because nobody can afford their own things. stuart: any last comments on the sandwich generation? >> it was like we were in the 40s and 50s. stuart: our time is up. dagen and connell, it is yours. dagen: thank you, stuart. i am dagen mcdowell. connell: i am connell mcshane. the economy when it negative. private-sector job growth offering some hope for the road ahead. connell: you only see this on the fox business network. elizabeth macdonald ringing exclusive video showing us how hospitals are putting money before patients. dagen: research in motion rolling out the blackberry ten. a band-aid for a gaping head wound. connell: i love name changes. dagen: let's go to nicole petallides at the stock exchange. good morning. nicole: let's talk about the markets. the dow is down about 14 points right now. we have had the dow not
past the hour. ♪ ♪ stuart: the financial times headline, u.s. slips into reverse. the economy is shrinking. the word recession is on the table. we have the worst so-called recovery in generations. our debt goes up by a trillion a year. the white house says the republicans are to blame, spending cuts are to blame. super storm sandy is to blame. excuses. the numbers are what they are. the economy is sinking. president obama's policies seem to be failing. his approval rating is at a three year high. arnie and company about to begin. aving triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. it's just common sense. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capt
. >>> the republican obsession with european austerity. kneecap the nation's economy. david cay johnston on today's troubling gdp report. >>> bobby jindal breaks his own rule. >> we've got to stop being the stupid party. >> find out how the poor in his state are about to start suffering on friday. >>> and brand-new polling proves again that we're living in a center-left country. tonight i'll tell you why it's up to one person to keep it that way. good to have you with us tonight, folks. thanks for watching. an emotional scene on capitol hill today. former congresswoman gabrielle giffords returned to congress for a senate hearing on gun violence. two years ago, giffords was shot in the head during a shooting spree that killed six people in tucson, arizona. the 71 words gifford spoke today did not come easy for her. but her message is one every american needs to hear. >> thank you for inviting me here today. this is an important conversation for our children, for our communities, for democrats and republicans. speaking is difficult, but i need to say something important. violence is a big problem.
, they are reporting as well. also the very latest reading on gdp showing our economy, well, it's moving in the wrong direction or at least it was in the third quarter. a lot of people say it was an anomaly, a lot of other factors like hurricane figured into those numbers, but are we slipping into a recession? some people are beginning to think so. the fed just said growth paused in recent months. i will be asking a harvard professor if he was -- if he thinks we're in a recession. he was president reagan's chief economic advisor. liz: david we have qualcomm numbers. adam has them. we see right now that the stock is at least in the initial moments moving higher. adam? adam: it is moving higher up over 3%. here's why, it's a beat on both fronts liz. earnings per share came in at $1.26. the street was expecting $1.13. the revenue 6.02 billion, street was expecting 5.9 billion. so qualcomm continues to perform well, especially on revenue. liz? liz: let's keep in mind that qualcomm is in very high end smart phones but they are pushing as paul jacobs the ceo told me in davos last year -- last week, that th
if the numbers are so bad. >> there were signs that the economy is holding. particularly, when you look at the strength in the fourth quarter, for all the complaints, the economy is showing resilience in the face of the mess going on in washington. in a way, that is good news and i can be positive for stocks. there is nothing in this report that would suggest the fed will change anytime soon. we will continue to see more buying of treasury security, the liquidity will continue to benefit the equity markets. melissa: i was also surprised to see an upward revision for september and december. if you put together the upward revisions, it was an extra 127,000 jobs that we did not know about. >> the tricky thing about the gdp number, though, digging under the surface, it was quite strong. stronger in the fourth quarter than it has been since the beginning of 2012. i think the strong employment numbers and income numbers kind of fit together. melissa: michelle girard, thank you so much. appreciate it. have a good day. lori: ubs getting bearish on the bond market. a new investor classification
their first meeting of 2013. investors watching carefully for any change in strategy to boost the economy. blackberry 10, research in motion is unveiling its latest and greatest device in hopes of saving the battered company. boeing, the dow component releasing quarterly results around 7:30 a.m. eastern time. we will have instant reaction and more on the dreamliner battery drama. and last but not least, the bulls going on another run. the dow jumping another 72 points to close just 46 points away from 14,000, just 210 points away from its all-time closing high. we have a big lineup covering the rally, the fed, and the economy this morning. >>> ed keon of quantitative management associates and dan greenhouse of btig will be serving up the markets for us. fed watchers will join us at 7:40 a.m. moody's chief economist, mark zanby will have the adp report at 8:15. >>> former national bureau chief marty feld stein will wrap it up at 8:40 a.m. eastern time. a big lineup. andrew, over to you. >> thank you. >>> the big news, the national transportation safety board is asking boeing for a full his
in april. >> we do begin with a stunning gdp report. the economy contracted to 0.1% in the fourth quarter. first decline since 2009. this as we remain on dow 14,000 watch. the index is fewer than 46 points away from that mark. which hasn't been reached since october 2007. the dow component boeing rising pre-market. it earned $1.28 a share in the fourth quarter, beating wall street estimates. it expects no significant impact from any faa directives involving its 787 dreamliner, and is maintaining its production and delivery forecast. let's get to the gdp number. it is apparent that the economy came to somewhat of a screeching halt in the last two months of the year. >> i think cnbe played a big role. i'll calis a one off number. the reason i call it a one off number is there are way too many companies who reported during this period that did not see this level up -- well, let's just say no growth whatsoever. >> decline. that being said, it may be a one off, but it's still a bit surprising, if not scary. >> well, does it not say that the fed's been right in what it's been doing. >> it does.
a new set of challenges after the commerce department reported yesterday that the nation's economy shrank for the first time since the great recession. >> how did that happen? >> well, government data shows the gross domestic product contracted at a .1% rate in the fourth quarter of 2012. it was the first decline since 2009. it put the white house on the defensive after months of touting steady job growth. >> there's more work to do, and our economy is facing a major headwind which goes to your point, and that's republicans in congress. talk about letting the sequester kick in, as though that were an acceptable thing belies where republicans were on this issue not that long ago, and it makes clear, again, that this is political brinksmanship of the kind that results in one primary victim, and that's american taxpayers, the american middle class. >> okay. what do you think is going on there, joe? >> i think what's going on is that we have spent more money as a government over the past four years than we have in the history of the republic. added $6 trillion in debt. and we have just
the economy we have right now? >> i think you'd see more hiring and i think you'd see more spending. those are the key things that drive the economy. you mentioned the numbers today. here's a key potent of that number. average hourly earnings, basically how much people are making by hour, right, as they work. do you realize we're at a one and a half year high in average hourly earnings. guess what the number is. it's a little over 2%. nobody has i any money. taxes are going up and people are making really lousy wages. >> people talk about fixing the tax code. one of the big questions is where do you start? would income tax be where with u start or start with corporate taxes or something like that? >> you have a couple things going on. one thing that's huge is the amount of money that's overseas in these corporations, right. the repate ration tax is gigantic. that's why a lot of money is overseas in tax haven. get the money back to the united states so they'll hire and spend capital. that's how you get the economy to grow. >> do you think we see 15,000 this year? it's only the first month.
this economy actually do not justify this incredible run for this market. we're going to hear both sides coming up on "the closing bell." >> we will. plus a realtime check on clorox's company earnings. they're up br thnt and sitting at its all-time high right now. >>> let's check the markets for you. dow down about 99 points. off of the lows which were about 2:30 or so. 30 minutes ago on the industrial average. now back to 13,910. check the nasdaq composite where it's down about 37 points. and the s&p 500 looks like this with a decline on the session of just about 13 points. >> okay. so in today's selloff we're backing away from the all-time high on the dow set back in '07. we have danny hughes back with us from devine capital. michael holland as i live and breathe. >> blast from the past. >> mike shay from direct access on the floor with us. and our own rick santelli is in chicago. michael, i'm starting with you. you don't have sweaty palms with this selloff today? >> no. and i was saying with michael shay before we got down here, is i have friends who are short the market or out of the market
most important part of our economy. >> i am part of that 1%, i am not touting anything to my friends, we needed to cut $4 trillion to get our fiscal responsibility in order, it is not going to happen with all spending, you need taxes to be parts. charles: i want to say, what is more important, growing the economy? or taxing the economy? do you think that, more pro-business, pro-growth agendas just offered up even as a olive branch we could get enough businesses and people out there to pay regular taxes but fill that void are talking about. >> i am absolutely for growing the economy, you need fiscal responsibility and growth, you need both, this is not going to happen overnight. right now about 14%, okay? of our money, our money comes from revenues, 25%, spending, the gap is too big, we need to narrow down, where it was 3%, you need revenues up, you need spending down, both have to happen together. charles: it does not fel like, that the president got a huge victory, a big time tax hike. very little spending cut. and there is dropping hints today or during super bowl, -- a lot of time
, great for the economy. david: we will see what happens. a dysfunctional bureaucracy. how about a little bit of help at the gas pump. the governor is looking to completely do away with the state capital. no state has ever done that before. he wants to get rid of his. with us to tell us why coming up later. liz: adam shapiro, how did they do? adam: earnings per share is a miss. revenue came in 699.2 million, the street expecting 698.89 million. one of the things they are saying in the report, they see sales being flat to low single digits, same-store restaurant sales excluding additional prices. last quarter talk about the need to raise prices but they are excluding that going forward into 2013. liz: i see an additional $100 million to repurchase shares of share. david: let's get some details on what is happening with these numbers as soon as they come in. and our market panel. managing director. larry, i want to go to you first come it looks like in between news after hours, the stock not being affected at all. >> not be affected at all. it is a very good by long-term. they're getting in
industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ ale announcer ] just like you, business pro. just like you. go naonal. go like a pro. gerri: president obama has made the oil companies out to be tax cheats, but i'll write down how the world's biggest is paying more than their fair share next. ♪ ♪ gerri: well, it was a record date or near record day for one of the world's biggest companies , exxon mobil. now, the oil joint -- giant barely missed a record 44-year
and the economy that's actually shrinks, well, harry reid says this is a recovery. okay. we'll talk about it. "varney and company" is about to begin. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. it's just common sense. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. charles mckinney a -- charl: a bomb goes off in tour key, killing two, one expected to be the bomber. the bomb went off inside the security perimeter. no damage to the embassy reported, and we will bring you update to the story as they come in. now, of course, let's
about uncertainties for the economy going forward and fiscal uncertainty more importantly noted until washington can get it right it might be difficult for businesses to function properly and grow, and he actually made it very obvious when he last spoke. a look at the one-year chart down 2.1%. lori: thank you. melissa: stocks struggling after a flurry of jobless claims. december personal income grew by the largest amount in eight years, held by dividend payouts as everybody tries to avoid higher tax rates on those. the latest reading on manufacturing came in the best level in nine months. that is positive. following the gdp report. that is not good. what does it say about the recovery? it is confusing. joining me now. we go through the list, it is basically all bad except the chicago pmi number. what is your take? >> my view is the latest data suggests this remains the olympus economic recovery since the second world war and we ought to be happy the u.s. economy grows by 2% once again in 2013. this is an economy growth wise that is simply moving sideways. melissa: sideways even is opt
, it says here? let's get a read on the state of the economy. at least it wasn't a -- that kind of rein. there's three of them. anyway, joining us for the next hour is bob bruska. that's fao -- >> no. you cannot. >> fao economics. as becky said at the top, things are going to go really well or the market is going to have an '87 crash. >> i like the binary outlook. >> everything you said was so good until you gout to that point. >> he usually wears one of these very clever ties. >> i'm not going to give him any -- >> there you go, joe. >> you didn't forget because you are getting up there. >> up there? >> close to his age. >> i have to put it out the night before. >> i lay my clothes out the night before, too. >> do you, really? >> oh, yeah, me, too. well, my wife is sleeping. i have to do that. >> all right. so did you, when you saw the down 0.1, what was your -- did you immediately explain it away? did you express shock, chagrin, angle, denial? >> no, i don't have an ee morm attachment to gdp -- >> you cover it long enough, and i cannot say that i don't have an emotional attachment to
are focusing on the domestic economy. connell: i hate the media, by the way. charles: don't you? the gdp report was great. the thing that was posted last week was really good. certainly a lot of yellow flags. dagen: hangnail, blame the media. john is, blame the media. connell: let's go to bob, talk about betting on american companies. joining us by telephone today from annapolis. always great to have both on the show. we pull back a little bit today, your positive on the market overall though. what do you make of where we are right now? >> we have come a long way in a short. of time. surprised it didn't happen sooner in my view. i think we are digesting the games. but will we get acceptable economic growth, acceptable earnings growth and will the risks like u.s. politics stay out of the way? the answer is yes and my guess for now it is yes. the path of least resistance is higher. connell: even if you are right, people say boy, initial investors, we will talk later about the fact they have been getting more involved in the market and the inflow starting to look better on that front, but some of
. and eric are you tell meeg when the market closed down, over 14,000 said we have a bad economy today? >> what do you mean it cuts more spend something it doesn't cost anything to get on a telephone does it? >> corporate america proved they're doing fine. it's corporate america, private sector everybody on the right like my friend says should be creating jobs not the government's responsibility to create jobs why do we need a jobs council, gentlemen? >> it's the noft's responsibility to kill jobs. a plant in corpus christi killed by epa just this week. that sage hand in southwestern california listed going to shut down oil and gas exploration, kill off housing in colorado then let's talk about the see quest traigs that and medical device tax, 2.3% on gross rets. props biggest job killer kicked in. that is the government killing jobs. private sector doing best it can, but your president, your party are killing off jobs in this country. not the private sector that snot doing it's job. it's the federal government killing it. >> i want you to listen to, on wednesday, also, gdp number came
are you going to save? i think the problems are related. it is the weak obama economy. melissa: scott, the only solution as always is to grow the economy. i mean with have too many problems to kind of solve them individually. only thing we could possibly do is make things better. how could we do that right now? you have to change the climate. it starts with businesses. you've got to make sure they're comfortable in today's climate with taxation, with health care and they're not, melissa. saw all that with money that went to romney's camp november of last year. look it. like noelle mentioned a job market full of slack. 7.8% unemployment that is doggie poo. that is technical term. because it is way higher than that. wage growth is nonexistent. gdp is negative. if this isn't a economy need of deer antler spray, i don't know what is. i'm telling you we're, big trouble. melissa: deer antler spray of course is the, everyone getting in shape. vijay singh using it to improve his swing. i think we could use deer apt letter. >> i think that would answer your question. that is the short answer.
a month. that takes a year. and this is what -- and they're putting that much money back in the economy each month. this is very powerful stuff. we're seeing, you know, further expansion in bank lending. i think today in the loan officer's survey from the fed, you're going to see further easing and bank lending standards which we have found to be a pretty good leading indicator of the overall economy. >> bank loan portfolios year on year were up 80 basis points. that's less than 1%. and there's still a huge credit impairment in the mortgage part of the market, which is roughly 50% of bank balance sheets. again, those issues are fannie and freddie mispricing the risk on the high end, fha mispricing the risk on the low end. no requirement in the game roles. that's where you need -- when you look at the senior loan officers survey, that's where you see -- >> i want to ask you a question, macro question. if you had a choice, let's say you had one of those time machine things and you could take the global macro environment for dow 14,000 in october 2007, or the global macro environment for d
of time. the economy's growing about 7% a year. including inflation. and how long is that going to take? if you grow 7% a year, that means you double your money every ten years. that means if the stock market is 14,000 now, it could be 28,000 in ten years, and it could be 50,000 or 60,000 in 20 years. >> nice long-term bullish view of the markets. not just for the six months or even the next year. >> you compare it to bonds, which is what he's doing, you feel pretty darn good. it's also -- there's a lot of good chatter about pension plans being so far behind. i would love it, just in terms of companies being able to return money, if they were less worried about pension plans. that kind of talk makes me maybe embolden pension plans to say, let's get a little more risky and maybe we can pay off. that's also going to be very important for stock valuations. >> right. it's going to be another flow of funds into the market from the pensions, not only from the individuals which we've seen. i mean, did you catch vanguard's flows for the month of january? $24.8 billion coming into vanguard's. >>
of the blackberry ten later in the show. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional con
Search Results 0 to 49 of about 123 (some duplicates have been removed)

Terms of Use (10 Mar 2001)